The 2015 Tax Season…Will Be Different (Part 1)

By Mark Patrick, CPA, First of Three Parts | In March 2010, when the Affordable Care Act (ACA) became law, your 2014 income tax return and tax accounting services probably didn’t cross your mind.

That return now sits on the horizon, and soon we’ll all face how to report officially our health insurance coverage this year…and your tax return plays a big role in that report. Brace yourself for a totally new experience when you’re handed your Form 1040.

Our next post will examine more closely the penalty tax if you weren’t insured. If you’re uncertain about how to handle your upcoming Form 1040—or any other tax or financial planning issues—the team at Patrick & Robinson CPAs can help. Contact us at (904) 396-5400 or Office@CPAsite.com.

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